Hassan Maishera
The Alchemy Pay team announced via a Medium post on Monday that they have integrated the Web3 name service powered by SPACE ID. This integration enables users to utilize personalized domain names when buying cryptocurrencies using local fiat currency on Alchemy Pay’s on-ramp service.
Cryptocurrencies purchased would be transferred to the wallet address linked to the SPACE ID domain, ending in .bnb and .arb, the team added.
According to the team, by leveraging personalized Web3 domain names, users can now bypass the inconvenience of dealing with complex and difficult-to-remember wallet addresses.
Finally, Alchemy Pay has become a qualified partner in SPACE ID’s grant program. This program seeks to provide funding to nurture and empower the blockchain community.
Alchemy Pay is a payment system focused on retail transactions at the Point-of-Sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is down by 4% in the last 24 hours and currently trades at $0.01731.
